Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
OAK SPRING GARDEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1776 LOUGHBOROUGH LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
UPPERVILLE, VA20184
A Employer identification number

54-1672141
B Telephone number (see instructions)

(540) 592-3159
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$312,272,683J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 243,220
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,411,417 1,411,417 1,411,417
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
24,331,060
b Gross sales price for all assets on line 6a 52,437,599
7 Capital gain net income (from Part IV, line 2)... 24,330,660
8 Net short-term capital gain......... 1,471,672
9 Income modifications...........  
10a Gross sales less returns and allowances 217,418
b Less: Cost of goods sold.... 72,888
c Gross profit or (loss) (attach schedule)..... 144,530 144,530
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,676,781 1,397,066 1,676,781
12 Total. Add lines 1 through 11........ 27,807,008 27,139,143 4,704,400
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 729,104 0 0 0
14 Other employee salaries and wages...... 4,972,459 0 0 4,972,459
15 Pension plans, employee benefits....... 1,059,458 0 0 1,059,458
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
24,222 0 0 24,213
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
47,250 0 0 47,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,918,822 1,418,026 1,418,026 500,796
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
171,435 0 0 42,716
19 Depreciation (attach schedule) and depletion... 1,005,883 0 0
20 Occupancy.............. 494,197 0 0 494,197
21 Travel, conferences, and meetings....... 332,029 0 0 332,029
22 Printing and publications.......... 34,232 0 0 34,232
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,403,193 0 0 1,403,193
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,192,284 1,418,026 1,418,026 8,910,543
25 Contributions, gifts, grants paid....... 209,012 209,012
26 Total expenses and disbursements. Add lines 24 and 25 12,401,296 1,418,026 1,418,026 9,119,555
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,405,712
b Net investment income (if negative, enter -0-) 25,721,117
c Adjusted net income (if negative, enter -0-)... 3,286,374
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,214,366 1,367,914 1,367,914
2 Savings and temporary cash investments......... 19,755,840 22,607,395 22,607,395
3 Accounts receivable right arrow2,658
Less: allowance for doubtful accounts right arrow   636 2,658 2,658
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 1,184,401 1,420,853 1,420,853
9 Prepaid expenses and deferred charges.......... 258,759 434,149 434,149
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 14,104,799 Click to see attachment
List of Attached Documents:
// Content
15,054,276 		15,054,276
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 223,461,057 Click to see attachment
List of Attached Documents:
// Content
236,194,035 		236,194,035
14 Land, buildings, and equipment: basis right arrow42,662,541
Less: accumulated depreciation (attach schedule) right arrow7,477,206 35,401,307 35,185,335 35,185,335
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,814 		Click to see attachment
List of Attached Documents:
// Content
6,068 		Click to see attachment
List of Attached Documents:
// Content
6,068
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 295,388,979 312,272,683 312,272,683
Liabilities 17 Accounts payable and accrued expenses.......... 419,495 319,449
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,060,935 		Click to see attachment
List of Attached Documents:
// Content
1,244,436
23 Total liabilities (add lines 17 through 22)......... 1,480,430 1,563,885
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 98,652,653 116,508,119
25 Net assets with donor restrictions............ 195,255,896 194,200,679
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 293,908,549 310,708,798
30 Total liabilities and net assets/fund balances (see instructions). 295,388,979 312,272,683
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
293,908,549
2
Enter amount from Part I, line 27a .....................
2
15,405,712
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,394,537
4
Add lines 1, 2, and 3 ..........................
4
310,708,798
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
310,708,798
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES     2024-12-31
b COATUE OFFSHORE FUND, LTD. P   2024-12-31
c KING STREET CAPITAL, LTD. P   2024-12-31
d FARALLON EQUITY PARTNERS INTERNATIONAL LTD. P   2024-12-31
e GQG PARTNERS EMERGING MARKETS EQUITY FUND - K-1 P   2024-12-31
WELLINGTON CTF RESEARCH EQUITY P   2024-12-31
WELLINGTON CTF SELECT LEADERS PORTFOLIO P   2024-12-31
PASS-THROUGH ENTITIES- SHORT P   2024-12-31
PASS-THROUGH ENTITIES- LONG P   2024-12-31
PUBLICLY TRADED SECURITIES     2024-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 17,398,422   13,583,725 3,814,697
b 1,786,522   732,054 1,054,468
c 136,349   136,349 0
d 2,000,000   663,038 1,336,962
e 2,000,000   2,000,000 0
24,139,775   9,433,162 14,706,613
1,500,000   695,625 804,375
1,052,340     1,052,340
1,141,873     1,141,873
1,281,918   862,586 419,332
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,814,697
b       1,054,468
c       0
d       1,336,962
e       0
      14,706,613
      804,375
      1,052,340
      1,141,873
      419,332
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 24,330,660
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 1,471,672
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 357,524
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 357,524
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 357,524
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 48,946
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,946
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 308,578
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.OSGF.ORG
14
The books are in care ofright arrowSTEPHANIE MURDAUGH Telephone no.right arrow (540) 592-3240

Located atright arrow1776 LOUGHBOROUGH LANEUPPERVILLEVA ZIP+4right arrow20184
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
PETER CRANE PRESIDENT
40.00 		613,488 28,568 22,524
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
STEPHANIE MURDAUGH TREASURER
40.00 		115,616 9,199 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
W TAYLOR REVELEY III JD CHAIRMAN
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
LEWIS W BERNARD BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
DOROTHY ROBINSON JD BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
REBECCA DUSEAU BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
MICHAEL DONOGHUE BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
MARCIA MARSH BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
JULIA REIDHEAD BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
LISA HESS BOARD MEMBER
2.00 		0 0 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
TONY WILLIS HEAD LIBRARIAN
40.00 		195,488 11,065 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
FREDERICK GLASCOCK HEAD OF FACILITIES &
40.00 		113,946 6,378 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
KATHARINE OLIMPI ASSISTANT TO PRESIDE
40.00 		99,297 11,542 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
RONNIE CAISON HEAD OF HOSPITALITY
40.00 		96,008 6,798 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
FREDERICK GRIFFITH HEAD CARPENTER
40.00 		94,640 5,351 0
1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
MONTICELLO ASSOCIATES INVESTMENT CONSULTING 300,000
1800 LARIMER STREET STE 1200
DENVER,CO08202
SCOTT FISHER ELECTRIC INC ELECTRICAL INSTALLATION 188,014
517 CATTAIL ROAD
WINCHESTER,VA22603
MORGAN OIL CORPORATION HVAC INSTALLATION 130,626
PO BOX 100
MARSHALL,VA20116
EAGLE CAPITAL MANAGEMENT INVESTMENT CONSULTING 130,129
65 EAST 55TH STREET 26TH FLOOR
NEW YORK,NY10022
CHRISTOPHER DRUNAGEL DBA TECH TEAM SOLUTIONS COMPUTER SERVICES 107,921
234 MILLWOOD AVENUE
WINCHESTER,VA22601
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 OSG MAINTENANCE, IMPROVEMENTS, RENOVATIONS AND UPKEEP OF FORMAL GARDENS AND BUILDINGS 3,574,183
2 EMERGING LEADERS, LOCAL OUTREACH AND SUPPORT 1,719,823
3 OSG CONSERVATION, RESTORATION, ACQUISITIONS, DIGITIZATION AND LIBRARY OPERATIONS 912,584
4 OSG HOSTED EVENTS, WORKSHOPS AND FELLOWSHIPS AND RESIDENCIES 848,077
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
37,540,941
b
Average of monthly cash balances.......................
1b
12,546,783
c
Fair market value of all other assets (see instructions)................
1c
224,627,758
d
Total (add lines 1a, b, and c).........................
1d
274,715,482
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
274,715,482
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,120,732
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
270,594,750
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
13,529,738
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
9,119,555
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
1,040,185
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,159,740
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
1993-08-11
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
3,286,374 803,525 0 4,413,237 8,503,136
b 85% (0.85) of line 2a ......... 2,793,418 682,996 0 3,751,251 7,227,666
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		10,159,740 10,037,011 8,083,017 9,211,051 37,490,819
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		10,159,740 10,037,011 8,083,017 9,211,051 37,490,819
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		9,019,825 8,351,167 7,973,539 9,190,114 34,534,645
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
ABBY SWIDLER


1900 NEWKIRK AVENUE APT 5D
BROOKLYN,NY11226 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
AIMEE LEE


5288 HAVERFORD DRIVE
LYNDHURST,OH44124 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
ALIYANA GEWIRTZMAN


23556 LONG ARROW LANE
CONIFER,CO80433 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
ALLISON FULTON


2018 6TH STREET UNIT C
SACRAMENTO,CA95818 		  I 2024 STACY LLOYD FELLOWSHIP FOR BIBLIOGRAPHIC STUDIES 10,000
ANDREW CATANESE


818 COWPER STREET APT 1
PALO ALTO,CA94301 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
ANNA WYNGAARDEN


132 FLINT STREET
ATHENS,GA30601 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
ASUKA TANINO


17-17 NAJIO AKASAKA
  NISHINOMIYA, HYOG  
JA 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
BENJAMIN RICHTER


12 PLEASANT COURT
AMHERST,MA01002 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
BRADLEY BOLMAN


31 EARLE LANE
PRINCETON,NJ08540 		  I INTERDISCIPLINARY RESIDENCY 2024 800
BRANDON O SCOTT


141 MILL POND ROAD
HOBGOOD,NC27843 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
BRITANI ALLEN


80 NORTH MOORE STREET APT 30G
NEW YORK,NY10013 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
CAITLIN VITALE SULLIVAN


123 WEST GORHAM STREET
MADISON,WI53703 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
CALDER KAMIN


9525 NORTH CAPITAL OF TEXAS HIGHWAY
434
AUSTIN,TX78759 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
CLAUDINE METRICK


114 VANDERKEMP AVENUE
BARNEVELD,NY13304 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
DARCY DUDA CASEY


7 WEST HILL TERRACE
GARDINER,ME04345 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
DOC WEEK MIDDLEBURG


3697 PRINCE ROAD
MARSHALL,VA20115 		  I 5/17/24 DOC WEEK MIDDLEBURG FILM FESTIVAL 2,500
DOROTA HABER-LEHIGH


3325 BAYVIEW TERRACE
SEASIDE,OR97138 		  I 2024 INTERDISCIPLINARY RESIDENCY 800
DOUGLAS TAYLOR


2905 WHISPERING WIND DRIVE
LAS VEGAS,NV89117 		  I 2024 CULINARY RESIDENCY 1,600
ELISSA LEVY


123 CONGRESS STREET
BROOKLYN,NY11201 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
ERIN EICHENBERGER


3516 ANDREWS LANE
RALEIGH,NC27607 		  I 2024 PLANT CONSERVATION BIOLOGY FELLOWSHIP 10,000
ESTER CASEY


46 CHURCH STREET 1
BEACON,NY12508 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 1,600
ETHAN A HENDERSON


1989 NORTH CALLE DEL SUERTE
TUCSON,AZ85745 		  I HONORARIUM LIBRARY REVIEW 2024 1,500
GAVIN RYAN


2695 TRAVER BOULEVARD
ANN ARBOR,MI48105 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
JAMES LUCAS


468 EAST MAIN STREET
STANLEY,VA22851 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
JANE MARCHANT


6426 SALEM STREET APT C
OAKLAND,CA94608 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
JANICE NIEMANN


401-1550 CHURCH AVE
  VICTORIA  
BC 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
JENNY CHAMARETTE


32A HOMECROFT ROAD
  LONDON  
UK 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
JESSICA DALRYMPLE


18 EAST 3RD STREET
BROOKLYN,NY11218 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
JESSIE WEI-HSUAN CHEN


MARCO POLOLAAN 299
  UTRECHT  
NL 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
JINEE SIENNIE LEE


201 N GARLAND CT UNITE 3709
CHICAGO,IL60601 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
JOSEPH LITTS


329 US 4 APT 5
ENFIELD,NH03748 		  I 2024 STACY LLOYD FELLOWSHIP FOR BIBLIOGRAPHIC STUDIES 10,000
JULIANE SHIBATA ARTS LLC


315 ELM STREET
NORTHFIELD,MN55057 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
KANDIS K PHILLIPS


18925 MARSH HAWK LANE
GAITHERSBURG,MD20879 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 1,600
KIERAN TVERBAKK


810 THORNTON ST SE 705
MINNEAPOLIS,MN55414 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
KIMBERLY BECK


546 EAST END AVENUE
PITTSBURGH,PA15221 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
KIRK GORDON


947 GREENE AVENUE APT 1
BROOKLYN,NY11221 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
LAUREN R CANNADY


7111 WOODMONT AVE APT 901
BETHESDA,MD20815 		  I 2024 WINTER PERENNIAL RESIDENCY SESSION 800
LEE B MCCAFFREE


11 WENDY LANE
ORINDA,CA94563 		  I 2024 BOTANICAL ARTIST IN RESIDENCE PROGRAM 1,000
LELAND WERDEN


45 CHENEY AVE
PETERBOROUGH,NH03458 		  I 2024 PLANT CONSERVATION BIOLOGY FELLOWSHIP 10,000
LIMING CAI


910 DUNCAN LANE APT 55
AUSTIN,TX78708 		  I 2024 PLANT SCIENCE RESEARCH FELLOWSHIP 10,000
LOVE REVIVAL CHURCH


119 CHESTER STREET
FRONT ROYAL,VA22630 		  I IN MEMORY OF WILLIAM C. KEYSER, JR. 150
MAJEL CONNERY


185 BEACH 61ST STREET 1
ARVERNE,NY11692 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
MARIA PINTO


1 VASSALL STREET
QUINCY,MA02170 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
MARIKO THOMAS


1495 SOUTHWEST 10TH AVENUE
OAK HARBOR,WA98277 		  I INTERDISCIPLINARY RESIDENCY 2024 800
MARTINE THOMAS


229 WEST 116TH STREET APT 2B
NEW YORK,NY10026 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
MARY ELLEN TAYLOR


19 BETTERSEA SQUARE
  LONDON  
UK 		  I 2024 BOTANICAL ARTIST IN RESIDENCE PROGRAM 1,000
MICHAEL BLAKE


12 CANTERBURY STREET
ANDOVER,MA01810 		  I HONORARIUM LIBRARY REVIEW 2024 1,000
MICHELLE ROBINSON


2431 MICHELTORENA STREET
LOS ANGELES,CA90039 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
NANCY HERSHBERGER


318 TANNERY ROAD
BREEZEWOOD,PA15533 		  I 2024 PERENNIAL RESIDENCY PROGRAM 1,600
NIA ALLEN-LEE


1541 SERRANO AVENUE
LOS ANGELES,CA90027 		  I INTERDISCIPLINARY RESIDENCY 2024 800
NICOLE JAMES


3113 EAST MARSHALL STREET
RICHMOND,VA23223 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
NICOLE LABOUFF


6141 COLFAX LANE SOUTH
MINNEAPOLIS,MN55419 		  I PERENNIAL RESIDENCY 2024 800
OMAR MENDOZA LINARES


DALIAS STREET 22 COLONY JARDINES
DEL LLANO
  TLAHUAC, MEXICO C  
MX 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
PANOS APRAHAMIAN


KARL MARX STRASSE 169
  BERLIN  
GM 		  I 2024 ELIZA MOORE FELLOWSHIP FOR ARTISTIC EXCELLENCE 10,175
PATRICIA B DRISCOLL


2828 BERWICK ROAD
BIRMINGHAM,AL35213 		  I INTERDISCIPLINARY RESIDENCY 2024 800
PAULA BOHINCE


410 VALE AVE
PITTSBURGH,PA15239 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
PAULA WHYMAN


6121 SHADY OAK LANE
BETHESDA,MD20817 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
RACHAEL ANDERSON


641 WHITNEY AVENUE
NEW HAVEN,CT06511 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
RACHEL K FAUTH


47 MAIN STREET
ASHEVILLE,NC28803 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
RICHARD VANDERPLAS DBA EDENOPOLIS L


80 NORTH MOORE STREET APT 30G
NEW YORK,NY10013 		  I CULINARY RESIDENCY 2024 1,600
ROXANNE EVERETT


6210 RAVENNA AVENUE NORTHEAST
SEATTLE,WA98115 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
SAMUEL LEMLEY


7549 GRAYMORE ROAD
PITTSBURGH,PA15221 		  I HONORARIUM LIBRARY REVIEW 2024 1,000
SARAH JONES


2003 NE 63RD ST
SEATTLE,WA98115 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
SARA LINDSAY


4052 DEERBROOK WAY SOUTHWEST
LILBURN,GA30047 		  I 2024 ELIZA MOORE FELLOWSHIP FOR ARTISTIC EXCELLENCE 10,000
SASKIA POULOS


1776 LOUGHBOROUGH LANE
UPPERVILLE,VA20184 		  I 2024 CULINARY RESIDENCY 1,600
SCOTT MEINERS


4993 EAST CUMBERLAND ROAD
MARTINSVILLE,IL62442 		  I PLANT CONSERVATION AND PLANT SCIENCE RESEARCH SABBATICAL PROGRAM 2024 15,000
SHANNON BUCKLEY


2649 DAYTON AVENUE
COLUMBUS,OH43202 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
SHEILA SCOVILLE


400 MASSACHUSETTS AVENUE NORTHWEST
320
WASHINGTON,DC20001 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
SIERRA PEREZ


208 SOUTH ROGERS STREET APT 4
BLOOMINGTON,IN47404 		  I 2024 PLANT SCIENCE RESEARCH FELLOWSHIP 10,000
SIERRA ROARK


1502 FAY STREET
DURHAM,NC27701 		  I INTERDISCIPLINARY RESIDENCY 2024 800
SMITHSONIAN INSTITUTION-NHAP


1000 JEFFERSON DRIVE SOUTHWEST
WASHINGTON,DC20560 		  I HONORARIUM ON BEHALF OF ALICE TANGERINI FOR SIX HUNDRED YEARS OF BOTANICAL ILLUSTRATION 500
SOPHIA MCLAUGHLIN


1226 E BLOOMINGTON ST
IOWA CITY,IA52245 		  I 2024 INTERDISCIPLINARY RESIDENCY DAYLILIES COHORT, 2,000
STEPHANIE SIN-YUN SHIH DBA THISISSH


11500 TENNESSEE AVE UNIT 125
LOS ANGELES,CA90064 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
SUSAN FRASER


609 KAPPOCK STREET
BRONX,NY10463 		  I HONORARIUM LIBRARY REVIEW 2024 1,000
TAMI BANH


540 WAVERLY AVENUE 7F
BROOKLYN,NY11238 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
THEODORA WILLIAMS


6319 BRYN MAWR DRIVE
LOS ANGELES,CA90068 		  I 2024 CULINARY RESIDENCY 1,600
VALENTINA SOTO


MARIA MONVEL 739 CASA I LA REINA
  SANTIAGO  
CI 		  I 2024 INTERDISCIPLINARY RESIDENCY 2,000
VERONICA MARTIN


8120 SOUTHWEST RUBY TERRACE
PORTLAND,OR97219 		  I 2023 INTERDISCIPLINARY RESIDENCY 1,800
WILLIAM KEEFER


6304 OLD HARFORD ROAD
BALTIMORE,MD21214 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
YUJIN KANG YOON


9703 DOULTON COURT
FAIRFAX,VA22032 		  I 2024 PERENNIAL RESIDENCY PROGRAM 800
Total .................................right arrow 3a 193,425
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aPROGRAM SERVICE REVENUE         279,715
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,411,417  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,397,066  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 24,331,060  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory     01 144,530  
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 27,284,073 279,715
13Total. Add line 12, columns (b), (d), and (e)..................
13
27,563,788
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A PART OF CHARITABLE MISSION
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
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May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
OAK SPRING GARDEN FOUNDATION
 
Employer identification number

54-1672141
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
OAK SPRING GARDEN FOUNDATION
  		Employer identification number
54-1672141
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MEDWAY CHARITABLE TRUST
901 S BOND ST STE 400
 
BALTIMORE, MD21231

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
BROWN ADVISORY
 
1801 PENNSYLVANIA AVE NW SUITE 1300
 
WASHINGTON, DC20006

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
GORHAM FAMILY CHARITABLE FUND
 
PO BOX 674
 
UPPERVILLE, VA20185

$ 150,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
OAK SPRING GARDEN FOUNDATION
  		Employer identification number

54-1672141
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
OAK SPRING GARDEN FOUNDATION
  		Employer identification number

54-1672141
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 47,250 0 0 47,250

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 GainLossSaleOtherAssetsSch
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
SALE OF PROPERTY & EQUIPMENT   PURCHASED 2024-12   400   COST 0 400  

TY 2024 InvestmentsCorpStockSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Name of Stock End of Year Book Value End of Year Fair Market Value
AERCAP HOLDINGS NV 630,950 630,950
ALCOA CORP COM 346,405 346,405
ALPHABET INC. CL C 977,529 977,529
AMAZON, INC. 1,530,465 1,530,465
AON PLC 786,201 786,201
BAYER A G SPONSORED ADR 314,730 314,730
CAPITAL ONE FINL CORP 497,691 497,691
CHARTER COMMUNICATIONS INC. A 226,914 226,914
COMCAST CORP NEW CL A 636,997 636,997
DISCOVER FINL SVCS COM 169,592 169,592
ELEVANCE HEALTH INC 312,089 312,089
GE VERNOVA INC COM 362,152 362,152
HILTON WORLDWIDE HOLDINGS INC 344,047 344,047
HUMANA INC COM 449,067 449,067
LAUDER ESTEE COS INC CL A 98,299 98,299
LONDON STK EXCHANGE GROUP UNSPONSORED ADR 554,869 554,869
LIBERTY BROADBAND CORP SER A 168,797 168,797
LIBERTY BROADBAND CORP SER C 113,261 113,261
META PLATFORM INC. 988,341 988,341
MICROSOFT CORP 741,840 741,840
PROSUS N V SPONSORED ADR 599,176 599,176
SAFRAN S A SPON ADR 337,019 337,019
SAP SE SPON ADR 653,688 653,688
TAIWAN SEMICONDUCTOR MFG LTD 600,765 600,765
UNITEDHEALTH GROUP INC. 637,889 637,889
VISA INC COM CL A 412,748 412,748
WELLS FARGO & CO 376,557 376,557
WOODWARD INC 405,399 405,399
WORKDAY INC CL A 780,799 780,799

TY 2024 InvestmentsOtherSchedule2
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CASDIN FMV 2,991,291 2,991,291
COATUE OFFSHORE FUND LTD FMV 18,254,756 18,254,756
DAVIDSON KEMPNER INSTUTL PTNR FMV 13,200,722 13,200,722
FARALLON EQUITY PARTNERS INTL. FMV 33,359,692 33,359,692
GQG PARTNERS LLC EMERGING MKTS FMV 10,285,519 10,285,519
INDUS SELECT FUND LTD FMV 10,301,175 10,301,175
JUNTO FMV 12,362,442 12,362,442
KING STREET CAPITAL, LTD FMV 9,543,673 9,543,673
MW EUREKA FUND FMV 15,174,246 15,174,246
NUT TREE CAPITAL OFFSHORE FUND FMV 7,933,740 7,933,740
ROCK SPRINGS CAPITAL OFFSHORE FD FMV 14,271,435 14,271,435
THE HIGHCLERE INTERNATIONAL INV FMV 7,318,370 7,318,370
WELLINGTON CTF INTERNATIONAL QUALITY GROWTH FMV 10,562,863 10,562,863
WELLINGTON EMERGING COMPANIES FMV 7,991,889 7,991,889
WELLINGTON TC-SELECT LEADERS FMV 7,194,751 7,194,751
PIMCO LOW DURATION ESG FUND FMV 11,566,277 11,566,277
TRINITY FMV 10,772,887 10,772,887
BAUPOST FMV 9,373,189 9,373,189
WELLINGTON USRE-EXTENDED FUND FMV 23,735,118 23,735,118

TY 2024 LegalFeesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 24,222 0 0 24,213


TY 2024 OtherAssetsSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OPERATING LEASE RIGHT OF USE ASSETS 7,811 6,065 6,065
INTEREST AND DIVIDENDS RECEIVABLE 3 3 3


TY 2024 OtherExpensesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES 186,993 0 0 186,993
COMPUTER SUPPLIES 151,786 0 0 151,786
DECORATIVE FURNITURE AND ARTS 38,818 0 0 38,818
EQUIPMENT 32,779 0 0 32,779
GARDEN AND LANDSCAPE 268,733 0 0 268,733
HOUSEHOLD AND FOOD 39,961 0 0 39,961
INSURANCE 273,820 0 0 273,820
LEASE EXPENSE 4,472 0 0 4,472
OFFICE EXPENSES 16,136 0 0 16,136
REPAIRS AND MAINTENANCE 389,695 0 0 389,695


TY 2024 OtherIncomeSchedule2
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 98,503 98,503 98,503
INVESTMENT INCOME FROM PTES 1,298,563 1,298,563 1,298,563
PROGRAM SERVICE REVENUE 279,715   279,715


TY 2024 OtherIncreasesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Description Amount
UNREALIZED LOSS ON INVESTMENTS 1,394,537


TY 2024 OtherLiabilitiesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED PAYROLL EXPENSES 186,622 243,150
OPERATING LEASE LIABILITY 7,811 6,065
DEFERRED TAX LIABILITY 866,502 995,221


TY 2024 OtherProfessionalFeesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROF FEES - RESTORATION 32,735 0 0 32,735
PROF FEES - PROGRAM 72,714 0 0 72,714
PROF FEES - OTHER 122,650 0 0 122,650
PROF FEES - LANDSCAPE, GARDEN 175,276 0 0 175,276
PROF FEES - DIGITAL 78,387 0 0 78,387
PROF FEES - CONSULTING 19,034 0 0 19,034
INVESTMENT MANAGEMENT FEES -DIRECT 1,418,026 1,418,026 1,418,026 0


TY 2024 TaxesSchedule
Name:
OAK SPRING GARDEN FOUNDATION
EIN:
54-1672141
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PERSONAL PROPERTY TAXES 31,662 0 0 31,662
TAXES 128,719 0 0 0
EXCISE TAXES 11,054 0 0 11,054